Explore the latest proposed ethics changes impacting alternative practice structures (APS), with a special focus on private equity involvement in the CPA profession. Join Melisa Galasso as she breaks down key definitions, process updates, and compliance requirements from the Professional Ethics Executive Committee’s latest guidance.
- What defines an alternative practice structure (APS) and how private equity fits into the model
- The meaning of “closely aligned” entities and their operational relationships
- New definitions and examples of upstream entities and significant influence
- Step-by-step process for evaluating independence under the proposed rules
- Key prohibitions, principles-based approach, and when safeguards must be applied to maintain independence
Stay ahead of the evolving landscape in the CPA profession with practical, actionable insights.
SCACPA is excited to partner with Galasso Learning Solutions and the Genuine Learning Blog for real-time A&A updates and answers for SCACPA members.
Melisa F. Galasso is the Founder and CEO of Galasso Learning Solutions LLC. A CPA with over 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical accounting and auditing topics, including not-for-profit and governmental accounting. Her passion is providing high-quality CPE that is meaningful, creates efficiencies and improves quality, and positively impacts ROI.
